EXIM Expands Make More in America Initiative to Unlock Private Capital for U.S. Manufacturers
WASHINGTON, D.C. — As part of President Trump's commitment to rebuilding America's industrial base, the Export-Import Bank of the United States (EXIM) is expanding its Make More in America Initiative (MMIA) with a new equipment financing product designed to support U.S. small and medium-sized manufacturers.
EXIM now offers lender guarantees of up to 90% on equipment loans and operating leases, unlocking private capital, lowering borrowing costs, and accelerating the reindustrialization of America.
“We are putting American small business manufacturers first at EXIM and improving access to capital so they can grow and compete internationally. By expanding Make More in America to provide up to a 90% guarantee on equipment financing, EXIM is helping lower costs and support investment, making it easier for businesses to expand operations and compete globally,” said EXIM Chairman John Jovanovic.
Through the expanded MMIA program to a 90% guarantee level, EXIM is removing barriers that have historically kept private lenders on the sidelines, making financing more accessible for American small and medium-sized manufacturers looking to expand their operations. At the same time, the program provides greater opportunities for banks and financial institutions to participate in equipment financing while aligning with commercial lending practices and capital requirements. This strengthens the ability of U.S. manufacturers to compete in global markets.
This new offer will bring more affordable financing options to the manufactures that need it most. More private capital in the market means more loans, faster approvals, and more job growth. This is how we strengthen American manufacturing, expand domestic production, and rebuild the nation’s industrial base.
This announcement is in addition to EXIM’s partnership with the Small Business Administration (SBA) to strengthen support for small business manufacturers by prioritizing the resources they need to compete in the global market. By streamlining existing programs and expanding collaboration, EXIM is helping close a long-standing gap in access to working capital caused by limited community lender participation.
The announcement follows a National Security Council roundtable discussion focused on reindustrialization that included Chairman Jovanovic, Secretary of Commerce Howard Lutnick, Senior Counselor to the President for Trade and Manufacturing Peter Navarro, U.S. Chief Technology Officer Ethan Klein, Special Assistant to the President and Senior Director for Global Supply Chain David Copley, and other high-ranking officials from across President Trump's Administration.
ABOUT EXIM:
As the United States government’s official export credit agency, the Export-Import Bank of the United States (EXIM) supports American jobs by facilitating U.S. exports. As an independent agency, EXIM plays a critical role in supporting economic growth, securing critical supply chains, and ensuring American businesses are given a fighting chance. To achieve this mission, EXIM offers financing including export credit insurance, working capital guarantees, loan guarantees, and direct loans. Learn more at www.exim.gov.